The treasurer of state may invest or reinvest funds that are held by the treasurer and that are available for investment in obligations issued by any of the following:(1) Agencies or instrumentalities of the United States government.(2) Federal government sponsored enterprises.(3) The Indiana bond bank, if the obligations are secured by tax anticipation time warrants or notes that:(A) are issued by a political subdivision (as defined in IC 36-1-2-13); and(B) have a maturity date not later than the end of the calendar year following the year of issuance.As added by P.L.18-1996, SEC.23. Amended by P.L.1-2004, SEC.2 and P.L.23-2004, SEC.2.
Indiana Legal Code